In his Press Club speech the Treasurer, Scott Morrison, ran us through everything from the GST to negative gearing and bracket creep. So where did we end up and what are our best options for tax reform?

Joe Hockey has outlined his plan for personal income tax cuts, but we still face budget deficits and an electorate unwilling to accept reductions to services. So how will he achieve these cuts in a fair and acceptable way?

The Treasurer has set out a good set of principles when it comes to tax. But reform won't be easy, with an $80 billion shortfall in state school and public hospital spending among the issues that must be addressed.